Rag Inc.

$7,500 PPP Loan in Algona, Iowa

Loan Details

Loan Number
3728117304
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$7,500
Current Approval
$7,500
Forgiveness Amount
$7,577
Forgiveness Date
May 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rag Inc.
Address
1204 240th St.
City
Algona
State
Iowa
ZIP Code
50511
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111150)
Business Age
Existing or more than 2 years old
Jobs Reported
1
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$7,500

Lender Information

Servicing Lender
Fidelity Bank & Trust
Originating Lender
Fidelity Bank and Trust

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